About FMG

The Financial Management Group advises and reports on financial and resource allocation matters affecting the Territory.

The key responsibilities of the Financial Management Group include:

• the development and management of the Territory Budget;
• providing analysis and advice to the Treasurer, Government and agencies on whole of government resource issues, including major government projects and initiatives with resource implications;
• coordination, analysis and monitoring of the Territory’s Infrastructure Program;
• managing the preparation and analysis of both agency and whole of government financial statements in the development of the budget and preparation of financial reports throughout the year;
• providing advice and assistance to Government and agencies to establish, negotiate and review funding arrangements between the Commonwealth and Territory Governments;
• managing the Central Holding Authority;
• developing, updating and maintaining Treasury’s whole of government budgeting and reporting system; and
• meeting the Territory’s external reporting requirements and playing a major role in developing and monitoring the Territory’s fiscal strategy.

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